Tuesday, June 28, 2016

Gold with monthly ribbon still not positive

note how gold has stalled on the top white line and elliot wave oscillator still weak...

Saturday, June 25, 2016

Silver 16 Year Uptrend held support last winter

Silver should keep going up into at least 2018-2020,  Eric Hadik is now looking for a correction in the precious metals into next fall which will then be a second opportunity to get into the metals after last winter's lows.

Saturday, June 18, 2016

Gold Bugs Index High Early 2018

This projection has been on my radar for many months, it now looks quite possible that the Gold stocks have seen their low and will break out of the big wedge without testing the lower line of that wedge again, this is of course in contradiction to Armstrong's strong dollar prediction because it seems quite unlikely that both the dollar and gold can go up together.